Ford To Move Focus Production From Michigan To China, After All (TARIFFS BE DAMNED)

Joe Hinrichs, Ford's head of global operations, cited lower costs as the reason to outsource production to China. The company will save $1 billion by building the Focus in China instead of Mexico, he said.

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He said the savings would be so significant that even if Congress slapped tariffs on foreign-made imports, the change would still make financial sense.

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Ford stressed that no American jobs would be lost in the China move. Starting in late 2018, its Michigan plant will simply focus on making bigger, more profitable vehicles, including the Ranger midsize pickup truck. The automaker also announced on Tuesday that it will invest $900 million in a Kentucky factory to build big SUVs, like the Lincoln Navigator, which would secure 1,000 jobs at the plant.